Latest published minutes from the BBC Board reveal that the delivery of a new home for the BBC Symphony Orchestra at Stratford East Bank will be late, and the level of building finishes has been cut back to save money.
"The project timeline had been extended largely due to the impact of the pandemic, and the delay had impacted the cost of the internal fit-out of the building....savings had been achieved though changes to the look, feel and finish of the building"
Meanwhile the balance sheet - forecast income from the sale of Maida Vale, the Orchestra's original base - has been hit, too. "Directors noted the reduction to the market value of Maida Vale due to its listing by Historic England".
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